Post Utme Futa 2020 Accounting Question 28
Practice objective / multiple choice question 28 from the 2020 Post Utme Futa Accounting examination.
A company uses the weighted average method to value its inventory. The company's inventory consists of three types of goods: A, B, and C. The cost of goods A is ₦120,000, and the quantity is 100 units. The cost of goods B is ₦80,000, and the quantity is 150 units. The cost of goods C is ₦60,000, and the quantity is 200 units. The total cost of goods A and B is ₦180,000, and the total quantity is 250 units. What is the weighted average cost per unit of goods A and B?
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About This Question
This is Post Utme Futa 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Futa Accounting examination.
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